2018 — Topical news of the United Arab Emirates

May 23, 2018 no comments 38
Dubai Police honours Nepalese national Miran Karki for his honesty and good conduct A Starbucks employee has been honoured by Dubai Police for handing in a bag he found containing $118,000. The Dubai Police General HQ has praised a Starbucks employee Miran Karki for his honesty and good...

May 23, 2018 no comments 34
New Henley Passport Index also shows UAE as the fastest overall climber, ascending 38 places since 2008 The UAE passport has secured more new visa waivers for its citizens in 2018 than any other country in the world, it was announced on Tuesday. The UAE, in 23rd place globally on the...

May 23, 2018 no comments 34
Telecommunications Regulatory Authority records 155 attacks during first four months of 2018 compared to 297 in same period in 2017 The number of cyber attacks against websites in the UAE during the first four months of 2018 totalled 155, almost half the number seen in the same period last...

May 23, 2018 no comments 38
Asteco's UAE Real Estate Report Q1 2018 shows annual rental decline of 15% in Jumeirah Beach Residence Jumeirah Beach Residence recorded the largest annual apartment rental declines in Dubai, according to a new report by Asteco. Its UAE Real Estate Report Q1 2018 showed JBR rents...

May 23, 2018 no comments 36
The deal will help Emirates NBD establish itself as a leading bank in the Middle East, North Africa and Turkey MOSCOW/DUBAI - Dubai's biggest lender Emirates NBD has agreed to buy Turkey's Denizbank from Russia's state-owned Sberbank SBER.MM for $3.2 billion to help establish itself as a...

May 23, 2018 no comments 34
Decision made as Sharjah Healthcare City Authority gives nod to plan to set up a $100m 120-bed hospital Sharjah Healthcare City Authority (SHCC) on Tuesday announced that the Abu Dhabi-based Ahalia Group has been awarded the permission to set up a $100 million 120-bed hospital in the...

May 22, 2018 no comments 39
Mall of the Emirates will install new solar panels to save even more energy Ski Dubai, the indoor snow-sports centre at Mall of the Emirates, now consumes less energy than a typical 120-room hotel, according to Enova, the facilities management specialists that works with mall operator...

May 22, 2018 no comments 48
Dubai stocks climbed to a more than two-week high on Monday DUBAI- Dubai stocks climbed to a more than two-week high on Monday, as sentiment for property shares was lifted by a decision of the United Arab Emirates' government to grant residency visas of up to 10 years to investors and...

May 22, 2018 no comments 35
The $480mln loan, which includes both conventional and Islamic finance tranches, has "accordion facility" allowing it to be increased to $800 mln. DUBAI- Dubai Aerospace Enterprise (DAE), one of the world's largest aircraft lessors, said on Monday it had signed a four-year loan deal for...

May 22, 2018 no comments 36
Dubai Aerospace Enterprise announces landmark unsecured four-year revolving credit facility Dubai Aerospace Enterprise (DAE) has announced that it has signed a landmark unsecured four-year revolving credit facility with an initial commitment of $480 million which could be increased to up...

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